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- DarrenTohDarrenToh
  ·2021-06-20
  YMM looks interesting. Quite a new area of untap potential in my view. Anyone and any view of the valuation? Is it reasonable?
  U.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week
  12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.Chinese freight platform Full Truck Alliance plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value , facilitating 22+ million fulfilled orders with GTV of nearly $8 billio
  U.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week
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- DarrenTohDarrenToh
  ·2021-02-10
  For sure it's better than GME. But whether Nintendo has more upside I am not so sure. The popularity of switch has decreased as compared to PS5.
  Forget GameStop, Nintendo Is a Better Video Game Stock
  The Japanese video game giant is still undervalued relative to its growth.
  Forget GameStop, Nintendo Is a Better Video Game Stock
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- DarrenTohDarrenToh
  ·2021-02-10
  It will last for a while. It's huge for Elon to endorse it.
  How Long Will the Tesla-Driven Bitcoin Rally Last?
  The price of Bitcoin has been going through the roof lately. Bitcoin soared about 200% last year. In
  How Long Will the Tesla-Driven Bitcoin Rally Last?
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- DarrenTohDarrenToh
  ·2021-02-05
  Thumbs up! Well done Goog!
  非常抱歉，此主贴已删除
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- DarrenTohDarrenToh
  ·2021-02-05
  Google has done well on this front. It make sense.
  非常抱歉，此主贴已删除
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Quite a new area of untap potential in my view. Anyone and any view of the valuation? Is it reasonable?","listText":"YMM looks interesting. Quite a new area of untap potential in my view. Anyone and any view of the valuation? Is it reasonable?","text":"YMM looks interesting. Quite a new area of untap potential in my view. Anyone and any view of the valuation? Is it reasonable?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/165748832","repostId":"1199331995","repostType":4,"repost":{"id":"1199331995","pubTimestamp":1624065374,"share":"https://www.laohu8.com/m/news/1199331995?lang=&edition=full","pubTime":"2021-06-19 09:16","market":"us","language":"en","title":"U.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1199331995","media":"Renaissance","summary":"12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.Chinese freight platform Full Truck Alliance plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value , facilitating 22+ million fulfilled orders with GTV of nearly $8 billio","content":"<p>12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.</p>\n<p>Chinese freight platform&nbsp;<b>Full Truck Alliance</b>(YMM) plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value (GTV), facilitating 22+ million fulfilled orders with GTV of nearly $8 billion in the 1Q21.</p>\n<p>Healthcare manager&nbsp;<b>Bright Health Group</b>(BHG) plans to raise $1.3 billion at a $15.4 billion market cap. Bright Health seeks to employ a more consumer-centric approach to healthcare to improve consumer experiences. Through a multi-pronged organic and inorganic growth strategy, the company’s core business has grown to serve roughly 623,000 patients in 14 states since its founding.</p>\n<p>Data infrastructure provider&nbsp;<b>Confluent</b>(CFLT) plans to raise $713 million at a $10.0 billion market cap. Confluent data infrastructure offering is designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company had more than 2,500 customers as of March 2021, with a dollar-based net retention rate of 117%.</p>\n<p>Car wash brand&nbsp;<b>Mister Car Wash</b>(MCW) plans to raise $600 million at a $5.3 billion market cap. Profitable with solid cash flow, Mister Car Wash is the largest national car wash brand in the US, with 344 locations in 21 states. The company offers a monthly subscription program called Unlimited Wash Club which had 1.4 million members as of 3/31/21, representing nearly two-thirds of total wash sales.</p>\n<p>Digital physicians network&nbsp;<b>Doximity</b>(DOCS) plans to raise $501 million at a $4.5 billion market cap. Doximity claims that it is the leading digital platform for US medical professionals, allowing collaboration with colleagues and secure coordination of patient care, among other features. Fast growing and profitable, the company had over 1.8 million members as of 3/31/21, representing more than 80% of physicians across the country.</p>\n<p>Customer experience software provider&nbsp;<b>Sprinklr</b>(CXM) plans to raise $361 million at a $5.5 billion market cap. Sprinklr provides a software platform that helps enterprises create a persistent, unified view of each customer at scale. The company has attracted more than 1,000 customers, including over 50% of the Fortune 100. Sprinklr has improved its gross margins, though cash flow swung negative in 1Q FY22.</p>\n<p>HR platform provider&nbsp;<b>First Advantage</b>(FA) plans to raise $298 million at a $2.1 billion market cap. First Advantage provides technology solutions for screening, verifications, safety, and compliance related to human capital. Profitable with positive cash flow, the company derives most of its revenues from pre-onboarding screening, performing over 75 million screens on behalf of more than 30,000 customers in 2020.</p>\n<p>Chinese social networking platform&nbsp;<b>Soulgate</b>(SSR) plans to raise $185 million at a $1.8 billion market cap. The company’s app Soul is a virtual social network created to address the drawbacks of current social media platforms. In March 2021, the company averaged 9.1 million DAUs, a 94% increase over the prior year period.</p>\n<p>Digital financial services provider&nbsp;<b>AMTD Digital</b>(HKD) plans to raise $120 million at a $1.4 billion market cap. 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Its lead candidate recently completed a Phase 2a trial in patients with C. difficile infections, and is expected to begin a Phase 2b trial this year.</p>\n<table>\n <tbody>\n  <tr>\n   <th>U.S. IPO Calendar</th>\n  </tr>\n  <tr>\n   <th>Issuer Business</th>\n   <th>Deal Size Market Cap</th>\n   <th>Price Range Shares Filed</th>\n   <th>Top Bookrunners</th>\n  </tr>\n  <tr>\n   <td><p>Full Truck Alliance (YMM)</p><p>Guiyang, China</p></td>\n   <td>$1,485M$19,723M</td>\n   <td>$17 - $1982,500,000</td>\n   <td>Morgan StanleyCICC</td>\n  </tr>\n  <tr>\n   <td>Digital freight platform that connects shippers and truckers in China.</td>\n  </tr>\n  <tr>\n   <td><p>First Advantage (FA)</p><p>Atlanta, GA</p></td>\n   <td>$298M$2,097M</td>\n   <td>$13 - $1521,250,000</td>\n   <td>BarclaysBofA</td>\n  </tr>\n  <tr>\n   <td>Provides background checks and other services to corporate customers.</td>\n  </tr>\n  <tr>\n   <td><p>Sprinklr (CXM)</p><p>New York, NY</p></td>\n   <td>$361M$5,541M</td>\n   <td>$18 - $2019,000,000</td>\n   <td>Morgan StanleyJP Morgan</td>\n  </tr>\n  <tr>\n   <td>Provides customer experience management software for enterprises.</td>\n  </tr>\n  <tr>\n   <td><p>Bright Health Group (BHG)</p><p>Minneapolis, MN</p></td>\n   <td>$1,290M$15,385M</td>\n   <td>$20 - $2360,000,000</td>\n   <td>JP MorganGoldman</td>\n  </tr>\n  <tr>\n   <td>Provides health insurance and other healthcare services.</td>\n  </tr>\n  <tr>\n   <td><p>Confluent (CFLT)</p><p>Mountain View, CA</p></td>\n   <td>$713M$10,033M</td>\n   <td>$29 - $3323,000,000</td>\n   <td>Morgan StanleyJP Morgan</td>\n  </tr>\n  <tr>\n   <td>Provides an enterprise platform that collects and processes real-time data streams.</td>\n  </tr>\n  <tr>\n   <td><p>Doximity (DOCS)</p><p>San Francisco, CA</p></td>\n   <td>$501M$4,549M</td>\n   <td>$20 - $2323,300,000</td>\n   <td>Morgan StanleyGoldman</td>\n  </tr>\n  <tr>\n   <td>Professional network for physicians with telehealth and scheduling tools.</td>\n  </tr>\n  <tr>\n   <td><p>Soulgate (SSR)</p><p>Shanghai, China</p></td>\n   <td>$185M$1,824M</td>\n   <td>$13 - $1513,200,000</td>\n   <td>Morgan StanleyJefferies</td>\n  </tr>\n  <tr>\n   <td>Provides the gamified social networking app Soul in China.</td>\n  </tr>\n  <tr>\n   <td><p>Acurx Pharmaceuticals (ACXP)</p><p>Staten Island, NY</p></td>\n   <td>$15M$62M</td>\n   <td>$5 - $72,500,000</td>\n   <td>Alexander CapitalNetwork 1</td>\n  </tr>\n  <tr>\n   <td>Phase 2 biotech developing antibiotics for antibiotic-resistant pathogens.</td>\n  </tr>\n  <tr>\n   <td><p>Mister Car Wash (MCW)</p><p>Tucson, AZ</p></td>\n   <td>$600M$5,256M</td>\n   <td>$15 - $1737,500,000</td>\n   <td>BofAMorgan Stanley</td>\n  </tr>\n  <tr>\n   <td>Leading national car wash brand with 344 locations across the US.</td>\n  </tr>\n  <tr>\n   <td><p>AMTD Digital (HKD)</p><p>Hong Kong, China</p></td>\n   <td>$120M$1,388M</td>\n   <td>$6.80 - $8.2016,000,000</td>\n   <td>AMTD GlobalLoop Capital</td>\n  </tr>\n  <tr>\n   <td>Digital financial services provider being spun out of AMTD.</td>\n  </tr>\n  <tr>\n   <td><p>Miromatrix Medical (MIRO)</p><p>Eden Prairie, MN</p></td>\n   <td>$32M$162M</td>\n   <td>$7 - $94,000,000</td>\n   <td>Craig-Hallum</td>\n  </tr>\n  <tr>\n   <td>Developing novel bioengineering technology for organ transplants.</td>\n  </tr>\n  <tr>\n   <td><p>Unicycive Therapeutics (UNCY)</p><p>Los Altos, CA</p></td>\n   <td>$25M$116M</td>\n   <td>$8.50 - $10.502,635,000</td>\n   <td>Roth Cap.</td>\n  </tr>\n  <tr>\n   <td>Early-stage biotech developing in-licensed therapies for kidney disease.</td>\n  </tr>\n </tbody>\n</table>\n<p>Street research is expected for seven companies, and lock-up periods will be expiring for up to two companies.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435613-us-ipo-week-ahead-billion-dollar-deals-come-to-market-in-a-12-ipo-week><strong>Renaissance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.\nChinese freight platform Full Truck Alliance(YMM) plans to raise $1.5 billion at a $19.7 billion market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435613-us-ipo-week-ahead-billion-dollar-deals-come-to-market-in-a-12-ipo-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4435613-us-ipo-week-ahead-billion-dollar-deals-come-to-market-in-a-12-ipo-week","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1199331995","content_text":"12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.\nChinese freight platform Full Truck Alliance(YMM) plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value (GTV), facilitating 22+ million fulfilled orders with GTV of nearly $8 billion in the 1Q21.\nHealthcare manager Bright Health Group(BHG) plans to raise $1.3 billion at a $15.4 billion market cap. Bright Health seeks to employ a more consumer-centric approach to healthcare to improve consumer experiences. Through a multi-pronged organic and inorganic growth strategy, the company’s core business has grown to serve roughly 623,000 patients in 14 states since its founding.\nData infrastructure provider Confluent(CFLT) plans to raise $713 million at a $10.0 billion market cap. Confluent data infrastructure offering is designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company had more than 2,500 customers as of March 2021, with a dollar-based net retention rate of 117%.\nCar wash brand Mister Car Wash(MCW) plans to raise $600 million at a $5.3 billion market cap. Profitable with solid cash flow, Mister Car Wash is the largest national car wash brand in the US, with 344 locations in 21 states. The company offers a monthly subscription program called Unlimited Wash Club which had 1.4 million members as of 3/31/21, representing nearly two-thirds of total wash sales.\nDigital physicians network Doximity(DOCS) plans to raise $501 million at a $4.5 billion market cap. Doximity claims that it is the leading digital platform for US medical professionals, allowing collaboration with colleagues and secure coordination of patient care, among other features. Fast growing and profitable, the company had over 1.8 million members as of 3/31/21, representing more than 80% of physicians across the country.\nCustomer experience software provider Sprinklr(CXM) plans to raise $361 million at a $5.5 billion market cap. Sprinklr provides a software platform that helps enterprises create a persistent, unified view of each customer at scale. The company has attracted more than 1,000 customers, including over 50% of the Fortune 100. Sprinklr has improved its gross margins, though cash flow swung negative in 1Q FY22.\nHR platform provider First Advantage(FA) plans to raise $298 million at a $2.1 billion market cap. First Advantage provides technology solutions for screening, verifications, safety, and compliance related to human capital. Profitable with positive cash flow, the company derives most of its revenues from pre-onboarding screening, performing over 75 million screens on behalf of more than 30,000 customers in 2020.\nChinese social networking platform Soulgate(SSR) plans to raise $185 million at a $1.8 billion market cap. The company’s app Soul is a virtual social network created to address the drawbacks of current social media platforms. In March 2021, the company averaged 9.1 million DAUs, a 94% increase over the prior year period.\nDigital financial services provider AMTD Digital(HKD) plans to raise $120 million at a $1.4 billion market cap. AMTD Digital states that it is the \"fusion reactor\" at the core of the AMTD SpiderNet ecosystem, operating a comprehensive digital solutions platform in Asia. Profitable with explosive growth, the company primarily generates revenue from fees and commissions in two lines of business.\nOrgan bioengineering company Miromatrix Medical(MIRO) plans to raise $32 million at a $162 million market cap. Miromatrix is developing a novel technology for bioengineering fully transplantable human organs, initially focused on livers and kidneys. The company has demonstrated functional vasculature and important organ function in preclinical studies, and hopes to initiate a Phase 1 trial in late 2022 with its External Liver Assist Product.\nKidney disease biotech Unicycive Therapeutics(UNCY) plans to raise $25 million at a $116 million market cap. The company’s candidates include Renazorb, which was in-licensed from Spectrum Pharmaceuticals, and UNI 494, which was in-licensed from Sphaera Pharmaceuticals. Unicycive began conducting preclinical trials on UNI 494 in 2020.\nAntibiotic biotech Acurx Pharmaceuticals(ACXP) plans to raise $15 million at a $62 million market cap. The company is developing a new class of antibiotics for infections caused by bacteria listed as priority pathogens by the WHO, CDC, and USDA. Its lead candidate recently completed a Phase 2a trial in patients with C. difficile infections, and is expected to begin a Phase 2b trial this year.\n\n\n\nU.S. IPO Calendar\n\n\nIssuer Business\nDeal Size Market Cap\nPrice Range Shares Filed\nTop Bookrunners\n\n\nFull Truck Alliance (YMM)Guiyang, China\n$1,485M$19,723M\n$17 - $1982,500,000\nMorgan StanleyCICC\n\n\nDigital freight platform that connects shippers and truckers in China.\n\n\nFirst Advantage (FA)Atlanta, GA\n$298M$2,097M\n$13 - $1521,250,000\nBarclaysBofA\n\n\nProvides background checks and other services to corporate customers.\n\n\nSprinklr (CXM)New York, NY\n$361M$5,541M\n$18 - $2019,000,000\nMorgan StanleyJP Morgan\n\n\nProvides customer experience management software for enterprises.\n\n\nBright Health Group (BHG)Minneapolis, MN\n$1,290M$15,385M\n$20 - $2360,000,000\nJP MorganGoldman\n\n\nProvides health insurance and other healthcare services.\n\n\nConfluent (CFLT)Mountain View, CA\n$713M$10,033M\n$29 - $3323,000,000\nMorgan StanleyJP Morgan\n\n\nProvides an enterprise platform that collects and processes real-time data streams.\n\n\nDoximity (DOCS)San Francisco, CA\n$501M$4,549M\n$20 - $2323,300,000\nMorgan StanleyGoldman\n\n\nProfessional network for physicians with telehealth and scheduling tools.\n\n\nSoulgate (SSR)Shanghai, China\n$185M$1,824M\n$13 - $1513,200,000\nMorgan StanleyJefferies\n\n\nProvides the gamified social networking app Soul in China.\n\n\nAcurx Pharmaceuticals (ACXP)Staten Island, NY\n$15M$62M\n$5 - $72,500,000\nAlexander CapitalNetwork 1\n\n\nPhase 2 biotech developing antibiotics for antibiotic-resistant pathogens.\n\n\nMister Car Wash (MCW)Tucson, AZ\n$600M$5,256M\n$15 - $1737,500,000\nBofAMorgan Stanley\n\n\nLeading national car wash brand with 344 locations across the US.\n\n\nAMTD Digital (HKD)Hong Kong, China\n$120M$1,388M\n$6.80 - $8.2016,000,000\nAMTD GlobalLoop Capital\n\n\nDigital financial services provider being spun out of AMTD.\n\n\nMiromatrix Medical (MIRO)Eden Prairie, MN\n$32M$162M\n$7 - $94,000,000\nCraig-Hallum\n\n\nDeveloping novel bioengineering technology for organ transplants.\n\n\nUnicycive Therapeutics (UNCY)Los Altos, CA\n$25M$116M\n$8.50 - $10.502,635,000\nRoth Cap.\n\n\nEarly-stage biotech developing in-licensed therapies for kidney disease.\n\n\n\nStreet research is expected for seven companies, and lock-up periods will be expiring for up to two companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381321291,"gmtCreate":1612933918913,"gmtModify":1703767117240,"author":{"id":"3561094282501483","authorId":"3561094282501483","name":"DarrenToh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3561094282501483","idStr":"3561094282501483"},"themes":[],"htmlText":"For sure it's better than GME. But whether Nintendo has more upside I am not so sure. The popularity of switch has decreased as compared to PS5.","listText":"For sure it's better than GME. But whether Nintendo has more upside I am not so sure. The popularity of switch has decreased as compared to PS5.","text":"For sure it's better than GME. But whether Nintendo has more upside I am not so sure. The popularity of switch has decreased as compared to PS5.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/381321291","repostId":"2110066929","repostType":4,"repost":{"id":"2110066929","pubTimestamp":1612925975,"share":"https://www.laohu8.com/m/news/2110066929?lang=&edition=full","pubTime":"2021-02-10 10:59","market":"us","language":"en","title":"Forget GameStop, Nintendo Is a Better Video Game Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2110066929","media":"Motley Fool","summary":"The Japanese video game giant is still undervalued relative to its growth.","content":"<p>The Japanese video game giant is still undervalued relative to its growth.</p>\n<p><b>GameStop</b>'s(NYSE:GME)&nbsp;historic short squeeze, which caused the video game retailer's stock to skyrocket over 1,900% between Jan. 1 and Jan. 27, captivated -- and burned -- many investors. The bubble eventually popped, but the stock remains up more than 200% for the year.</p>\n<p>Those gains don't have much fundamental support. GameStop's sales of physical games are still sliding as gamers rely more on digital downloads, while big box retailers also sell the latest hardware. The coronavirus pandemic also exacerbated that pain over the past year.</p>\n<p>GameStop's revenue fell 31% year over year in the first nine months of 2020, and it remained unprofitable. It expects its comparable store sales to rise in the fourth quarter as it sells new consoles and closes weaker stores, but analysts still expect its revenue to drop 19% for the full year, and for its bottom line to remain in the red.</p>\n<p>Instead of&nbsp;joining the speculators&nbsp;and betting on GameStop's longshot turnaround, investors should buy a bettervideo game stock&nbsp;with a brighter future:<b>Nintendo</b>(OTC:NTDOY).</p>\n<p><b>Nintendo's core strengths</b></p>\n<p>Nintendo has shipped 79.9 million Switches globally since the console's&nbsp;launch in early 2017. By comparison,<b>Microsoft</b>(NASDAQ:MSFT)&nbsp;and<b>Sony</b>(NYSE:SNE)&nbsp;have shipped an estimated 49.6 million Xbox Ones and 114.9 million PS4s, respectively, since their launches in late 2013.</p>\n<p>The Nintendo Switch established a strong market presence for three reasons. First, the Switch can be used as either a handheld device or a console docked to a TV. That unique form factor leveraged the strengths of Nintendo's earlier handhelds (including the Game Boy and 3DS) to challenge Microsoft and Sony in the home console market.</p>\n<p>Second, Nintendo launched plenty of exclusive first-party games for&nbsp;the Switch, including<i>Mario Kart 8 Deluxe</i>,<i>Animal Crossing: New Horizons</i>,<i>Super Smash Bros. Ultimate</i>,<i>The Legend of Zelda: Breath of the Wild</i>, and<i>Super Mario Odyssey</i>. Gamers needed to buy a Switch to play those games, while many popular Xbox One and PS4 games were cross-platform titles that were also available on PCs.</p>\n<p>Lastly, Nintendo continued to refresh the console to attract new customers. In 2019, it upgraded the original Switch with a new chipset that extended its battery life, then launched the cheaper handheld-only Switch Lite for budget-conscious consumers.</p>\n<p><b>How fast is Nintendo growing?</b></p>\n<p>Nintendo's sales surged 116% in&nbsp;fiscal 2017, thanks to the Switch's arrival, and rose 14% in 2018 and another 9% in 2019.</p>\n<p>Nintendo's growth has been decelerating, but it expects its sales to rise 22% in fiscal 2020, which ends in late March, buoyed by strong sales of the Switch, Switch Lite, and its first-party games.</p>\n<p>Standout games include<i>Animal Crossing: New Horizons</i>, which became a virtual social platform throughout the pandemic;<i>Paper Mario: The Origami King</i>;<i>Super Mario 3D All-Stars</i>; and<i>Mario Kart Live: Home Circuit</i>, which lets players race through AR tracks at home with radio-controlled cars.</p>\n<p>Robust sales of the Switch boosted Nintendo's operating margin from 6% in fiscal 2016 to 26.9% in 2019, and it expects that ratio to hit 35% in 2020. That margin expansion caused Nintendo's net profit to rise 36% in fiscal 2017, 39% in 2018, and another 33% in 2019. It expects that streak to continue with 55% profit growth in fiscal 2020.</p>\n<p><b>Why Nintendo still has room to run</b></p>\n<p>Nintendo's growth rates look fantastic, and its stock has already risen more than 60% over the past 12 months. But I believe it can still head even higher, for a few simple reasons.</p>\n<p>Nintendo's ADR shares only trade at 19 times next year's earnings. The stock remains cheap because analysts expect Nintendo's revenue and earnings to dip 4% and 2%, respectively, next year, presumably as it faces tough year-over-year comparisons and fresh competition from Sony and Microsoft's newest consoles.</p>\n<p>But those estimates could be too low, and probably don't factor in the potential launch of a \"Switch Pro\" model in 2021 or the resilience of its hybrid form factor and first-party games against the PS5 and Xbox Series S and X consoles. Those tailwinds could help Nintendo easily clear Wall Street's low expectations -- and force analysts to raise their conservative estimates.</p>\n<p><b>The key takeaway</b></p>\n<p>GameStop's bulls often&nbsp;claim robust sales of the Nintendo Switch, which runs some of its games on physical cartridges, will bring more shoppers to its stores. That might happen, but it's smarter and safer to simply buy shares of Nintendo to ride that trend instead of taking a big risk on GameStop's wild stock.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget GameStop, Nintendo Is a Better Video Game Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nForget GameStop, Nintendo Is a Better Video Game Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 10:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/02/09/forget-gamestop-nintendo-is-a-better-video-game-st/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Japanese video game giant is still undervalued relative to its growth.\nGameStop's(NYSE:GME) historic short squeeze, which caused the video game retailer's stock to skyrocket over 1,900% between ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/02/09/forget-gamestop-nintendo-is-a-better-video-game-st/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/02/09/forget-gamestop-nintendo-is-a-better-video-game-st/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110066929","content_text":"The Japanese video game giant is still undervalued relative to its growth.\nGameStop's(NYSE:GME) historic short squeeze, which caused the video game retailer's stock to skyrocket over 1,900% between Jan. 1 and Jan. 27, captivated -- and burned -- many investors. The bubble eventually popped, but the stock remains up more than 200% for the year.\nThose gains don't have much fundamental support. GameStop's sales of physical games are still sliding as gamers rely more on digital downloads, while big box retailers also sell the latest hardware. The coronavirus pandemic also exacerbated that pain over the past year.\nGameStop's revenue fell 31% year over year in the first nine months of 2020, and it remained unprofitable. It expects its comparable store sales to rise in the fourth quarter as it sells new consoles and closes weaker stores, but analysts still expect its revenue to drop 19% for the full year, and for its bottom line to remain in the red.\nInstead of joining the speculators and betting on GameStop's longshot turnaround, investors should buy a bettervideo game stock with a brighter future:Nintendo(OTC:NTDOY).\nNintendo's core strengths\nNintendo has shipped 79.9 million Switches globally since the console's launch in early 2017. By comparison,Microsoft(NASDAQ:MSFT) andSony(NYSE:SNE) have shipped an estimated 49.6 million Xbox Ones and 114.9 million PS4s, respectively, since their launches in late 2013.\nThe Nintendo Switch established a strong market presence for three reasons. First, the Switch can be used as either a handheld device or a console docked to a TV. That unique form factor leveraged the strengths of Nintendo's earlier handhelds (including the Game Boy and 3DS) to challenge Microsoft and Sony in the home console market.\nSecond, Nintendo launched plenty of exclusive first-party games for the Switch, includingMario Kart 8 Deluxe,Animal Crossing: New Horizons,Super Smash Bros. Ultimate,The Legend of Zelda: Breath of the Wild, andSuper Mario Odyssey. Gamers needed to buy a Switch to play those games, while many popular Xbox One and PS4 games were cross-platform titles that were also available on PCs.\nLastly, Nintendo continued to refresh the console to attract new customers. In 2019, it upgraded the original Switch with a new chipset that extended its battery life, then launched the cheaper handheld-only Switch Lite for budget-conscious consumers.\nHow fast is Nintendo growing?\nNintendo's sales surged 116% in fiscal 2017, thanks to the Switch's arrival, and rose 14% in 2018 and another 9% in 2019.\nNintendo's growth has been decelerating, but it expects its sales to rise 22% in fiscal 2020, which ends in late March, buoyed by strong sales of the Switch, Switch Lite, and its first-party games.\nStandout games includeAnimal Crossing: New Horizons, which became a virtual social platform throughout the pandemic;Paper Mario: The Origami King;Super Mario 3D All-Stars; andMario Kart Live: Home Circuit, which lets players race through AR tracks at home with radio-controlled cars.\nRobust sales of the Switch boosted Nintendo's operating margin from 6% in fiscal 2016 to 26.9% in 2019, and it expects that ratio to hit 35% in 2020. That margin expansion caused Nintendo's net profit to rise 36% in fiscal 2017, 39% in 2018, and another 33% in 2019. It expects that streak to continue with 55% profit growth in fiscal 2020.\nWhy Nintendo still has room to run\nNintendo's growth rates look fantastic, and its stock has already risen more than 60% over the past 12 months. But I believe it can still head even higher, for a few simple reasons.\nNintendo's ADR shares only trade at 19 times next year's earnings. The stock remains cheap because analysts expect Nintendo's revenue and earnings to dip 4% and 2%, respectively, next year, presumably as it faces tough year-over-year comparisons and fresh competition from Sony and Microsoft's newest consoles.\nBut those estimates could be too low, and probably don't factor in the potential launch of a \"Switch Pro\" model in 2021 or the resilience of its hybrid form factor and first-party games against the PS5 and Xbox Series S and X consoles. Those tailwinds could help Nintendo easily clear Wall Street's low expectations -- and force analysts to raise their conservative estimates.\nThe key takeaway\nGameStop's bulls often claim robust sales of the Nintendo Switch, which runs some of its games on physical cartridges, will bring more shoppers to its stores. That might happen, but it's smarter and safer to simply buy shares of Nintendo to ride that trend instead of taking a big risk on GameStop's wild stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381323401,"gmtCreate":1612933816203,"gmtModify":1703767115510,"author":{"id":"3561094282501483","authorId":"3561094282501483","name":"DarrenToh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3561094282501483","idStr":"3561094282501483"},"themes":[],"htmlText":"It will last for a while. It's huge for Elon to endorse it.&nbsp;","listText":"It will last for a while. It's huge for Elon to endorse it.&nbsp;","text":"It will last for a while. It's huge for Elon to endorse it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381323401","repostId":"1162909934","repostType":4,"repost":{"id":"1162909934","pubTimestamp":1612927184,"share":"https://www.laohu8.com/m/news/1162909934?lang=&edition=full","pubTime":"2021-02-10 11:19","market":"us","language":"en","title":"How Long Will the Tesla-Driven Bitcoin Rally Last?","url":"https://stock-news.laohu8.com/highlight/detail?id=1162909934","media":"zacks","summary":"The price of Bitcoin has been going through the roof lately. Bitcoin soared about 200% last year. In","content":"<p>The price of Bitcoin has been going through the roof lately. Bitcoin soared about 200% last year.&nbsp;Institutional interest&nbsp;has mainly led to this buoyancy.&nbsp; The cryptocurrency took less than a month to cross the difference of $20,000 in value as it hit the $20,000 mark for the first time on Dec 16 and touched $40,000 on Jan 7. If this was not enough, bitcoin crossed the 47,000 mark on Feb 8.</p>\n<p>The latest all-time high level was attained by virtue of Tesla’s investment of $1.5 billion, which made it the biggest company to show support to the otherwisecontroversial cryptocurrency.Tesla would start accepting payment for its electric vehicles in the currency. Before this,<b>PayPal Holdings Inc</b>&nbsp;had also announced such a move. PayPal's competitor&nbsp;<b>Square</b>&nbsp;launched support&nbsp;for bitcoin back in 2018&nbsp;through its Cash app. Square also&nbsp;bought $50 million in bitcoin&nbsp;in October as part of a larger investment in cryptocurrency.</p>\n<p>Corporations’ greater acceptance in allowing customers to hold bitcoin and other virtual coins in their online wallets has been favoring the cryptocurrency.&nbsp;Facebook-backed cryptocurrency Libra has also been&nbsp;rebranded “Diem”&nbsp;in an effort to gain regulatory approval by refurbishing the project in a simpler manner. It is run by a consortium called the Diem Association.</p>\n<p>David Marcus, the head of Facebook Financial, also known as F2, said he hopes the&nbsp;cryptocurrency called Diem&nbsp;will hit the market in 2021. A bitcoin ETF could finally see the day of the light in 2021 as VanEck recently filed an application with the SEC. Notably, the SEC had earlier rejected several bitcoin ETF proposals (read:&nbsp;VanEck Files for a Bitcoin ETF All Over Again).</p>\n<p><b>More Corporate Acceptance Awaiting Ahead?</b>Antoni Trenchev, managing partner and co-founder of Nexo in London (one of the world’s biggest crypto lender), expects at least 10% of S&amp;P 500 companies to remain invested in Bitcoin by the end of 2022,as quoted in a source.</p>\n<p>Sergey Nazarov, the cofounder of Chainlink, said a few days back that “rising inflation and increasingly negative views of modern monetary policy are forcing investors to look for alternative ways to preserve the value of their capital,”&nbsp;as quoted on Businessinsider.&nbsp;Investors are probably viewing it as a&nbsp;hedge against inflation&nbsp;and an alternative to the depreciating dollar, per market watchers.</p>\n<p><b>Will the Rally Continue?</b>The biggest problem with bitcoin mining is that the number of coins will be fixed. “Bitcoin was designed to be created at a fixed rate, which means miners must compete against each other to win coins. The number of bitcoins created annually automatically decreases over time and issuance will end with a total of 21 million bitcoins in circulation. The more time passes, the harder computers have to work to mine new bitcoins. There are currently more than 18 million bitcoins in circulation,”per a Reuters article.</p>\n<p>So, there is no way that the 21 million will be exhausted soon. But will it be interesting to see what happens after that? Yes, “the bitcoin mining process provides bitcoin rewards to miners, but the reward size is decreased periodically to control the circulation of new tokens,” as indicated byan Investopedia article.</p>\n<p>If more circulation of currency is not possible with economic growth, one should not expect much stability in that currency’s trading. Bitcoin has been extremely volatile in the past, and will continue to remain so in the future too. Plus, one should take a closer look at the inflationary scenario. If there is disinflation in various parts of the globe due to any further COVID-19 crisis, bitcoin may slip again.</p>\n<p><b>Stocks to Play</b>Hence, it is wise bet on Crypto Innovators that are more stable.'Crypto Innovators' are the stocks of \"companiesthat service and transact in the segment of the economy dealing with crypto assets and distributed ledger technology (e.g., blockchain technology).\"</p>\n<p><b>Riot Blockchain</b> – The Zacks Rank #3 company leverages its expertise and network to build and support blockchain technology companies. Shares surged 40.3% on Feb 8.</p>\n<p><b>NVIDIA</b>&nbsp;– The company&nbsp;is poised to benefit from its GPUs in the cryptocurrency space.Chinese cryptocurrency miners are dealing with a scarcity of Nvidia's&nbsp;GeForce RTX&nbsp;30 desktop graphics cards by turning to GeForce RTX&nbsp;30-powered laptops, according to social media posts examined by&nbsp;Wccftech&nbsp;and&nbsp;Cointelegraph,as quoted on seekingalpha. NVDA was up 6.2% on Feb 8.</p>\n<p><b>Cleanspark Inc.</b>&nbsp;– The Zacks Rank #3 microgrid company provides energy software and control technology. From Dec 10, 2020the first full-day of mining following the acquisition of its wholly owned subsidiary ATL Data Centers LLC, through the end of the calendar year, CleanSpark produced 31 bitcoins from its mining activities. Production since the first of the year has exceeded 4.3 bitcoins. The stock added 8.1% on Feb 8.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Long Will the Tesla-Driven Bitcoin Rally Last?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Long Will the Tesla-Driven Bitcoin Rally Last?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 11:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zacks.com/stock/news/1259702/how-long-will-the-tesla-driven-bitcoin-rally-last?&art_rec=home-home-investment_ideas_stocks-ID02-txt-1105942><strong>zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of Bitcoin has been going through the roof lately. Bitcoin soared about 200% last year. Institutional interest has mainly led to this buoyancy.  The cryptocurrency took less than a month to ...</p>\n\n<a href=\"https://www.zacks.com/stock/news/1259702/how-long-will-the-tesla-driven-bitcoin-rally-last?&art_rec=home-home-investment_ideas_stocks-ID02-txt-1105942\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","TSLA":"特斯拉"},"source_url":"https://www.zacks.com/stock/news/1259702/how-long-will-the-tesla-driven-bitcoin-rally-last?&art_rec=home-home-investment_ideas_stocks-ID02-txt-1105942","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162909934","content_text":"The price of Bitcoin has been going through the roof lately. Bitcoin soared about 200% last year. Institutional interest has mainly led to this buoyancy.  The cryptocurrency took less than a month to cross the difference of $20,000 in value as it hit the $20,000 mark for the first time on Dec 16 and touched $40,000 on Jan 7. If this was not enough, bitcoin crossed the 47,000 mark on Feb 8.\nThe latest all-time high level was attained by virtue of Tesla’s investment of $1.5 billion, which made it the biggest company to show support to the otherwisecontroversial cryptocurrency.Tesla would start accepting payment for its electric vehicles in the currency. Before this,PayPal Holdings Inc had also announced such a move. PayPal's competitor Square launched support for bitcoin back in 2018 through its Cash app. Square also bought $50 million in bitcoin in October as part of a larger investment in cryptocurrency.\nCorporations’ greater acceptance in allowing customers to hold bitcoin and other virtual coins in their online wallets has been favoring the cryptocurrency. Facebook-backed cryptocurrency Libra has also been rebranded “Diem” in an effort to gain regulatory approval by refurbishing the project in a simpler manner. It is run by a consortium called the Diem Association.\nDavid Marcus, the head of Facebook Financial, also known as F2, said he hopes the cryptocurrency called Diem will hit the market in 2021. A bitcoin ETF could finally see the day of the light in 2021 as VanEck recently filed an application with the SEC. Notably, the SEC had earlier rejected several bitcoin ETF proposals (read: VanEck Files for a Bitcoin ETF All Over Again).\nMore Corporate Acceptance Awaiting Ahead?Antoni Trenchev, managing partner and co-founder of Nexo in London (one of the world’s biggest crypto lender), expects at least 10% of S&P 500 companies to remain invested in Bitcoin by the end of 2022,as quoted in a source.\nSergey Nazarov, the cofounder of Chainlink, said a few days back that “rising inflation and increasingly negative views of modern monetary policy are forcing investors to look for alternative ways to preserve the value of their capital,” as quoted on Businessinsider. Investors are probably viewing it as a hedge against inflation and an alternative to the depreciating dollar, per market watchers.\nWill the Rally Continue?The biggest problem with bitcoin mining is that the number of coins will be fixed. “Bitcoin was designed to be created at a fixed rate, which means miners must compete against each other to win coins. The number of bitcoins created annually automatically decreases over time and issuance will end with a total of 21 million bitcoins in circulation. The more time passes, the harder computers have to work to mine new bitcoins. There are currently more than 18 million bitcoins in circulation,”per a Reuters article.\nSo, there is no way that the 21 million will be exhausted soon. But will it be interesting to see what happens after that? Yes, “the bitcoin mining process provides bitcoin rewards to miners, but the reward size is decreased periodically to control the circulation of new tokens,” as indicated byan Investopedia article.\nIf more circulation of currency is not possible with economic growth, one should not expect much stability in that currency’s trading. Bitcoin has been extremely volatile in the past, and will continue to remain so in the future too. Plus, one should take a closer look at the inflationary scenario. If there is disinflation in various parts of the globe due to any further COVID-19 crisis, bitcoin may slip again.\nStocks to PlayHence, it is wise bet on Crypto Innovators that are more stable.'Crypto Innovators' are the stocks of \"companiesthat service and transact in the segment of the economy dealing with crypto assets and distributed ledger technology (e.g., blockchain technology).\"\nRiot Blockchain – The Zacks Rank #3 company leverages its expertise and network to build and support blockchain technology companies. Shares surged 40.3% on Feb 8.\nNVIDIA – The company is poised to benefit from its GPUs in the cryptocurrency space.Chinese cryptocurrency miners are dealing with a scarcity of Nvidia's GeForce RTX 30 desktop graphics cards by turning to GeForce RTX 30-powered laptops, according to social media posts examined by Wccftech and Cointelegraph,as quoted on seekingalpha. NVDA was up 6.2% on Feb 8.\nCleanspark Inc. – The Zacks Rank #3 microgrid company provides energy software and control technology. From Dec 10, 2020the first full-day of mining following the acquisition of its wholly owned subsidiary ATL Data Centers LLC, through the end of the calendar year, CleanSpark produced 31 bitcoins from its mining activities. Production since the first of the year has exceeded 4.3 bitcoins. The stock added 8.1% on Feb 8.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380941365,"gmtCreate":1612508967957,"gmtModify":1703762858714,"author":{"id":"3561094282501483","authorId":"3561094282501483","name":"DarrenToh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3561094282501483","idStr":"3561094282501483"},"themes":[],"htmlText":"Thumbs up! Well done Goog!","listText":"Thumbs up! Well done Goog!","text":"Thumbs up! Well done Goog!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/380941365","repostId":"2109725263","repostType":4,"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380949729,"gmtCreate":1612508847961,"gmtModify":1703762857162,"author":{"id":"3561094282501483","authorId":"3561094282501483","name":"DarrenToh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3561094282501483","idStr":"3561094282501483"},"themes":[],"htmlText":"Google has done well on this front. It make sense.","listText":"Google has done well on this front. It make sense.","text":"Google has done well on this front. It make sense.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/380949729","repostId":"2109725263","repostType":4,"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}